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JERA Acquires 35% Shares of Vietnam Renewable Company TTC with USD112m

Japan’s largest power generation firm JERA has paid JPY15bn (USD112m) for a 35.1% stake in Gia Lai Electricity JSC (GEC), ...

CATL to Launch USD7.6bn Battery Plant in Hungary

Chinese battery maker CATL will spend up to EUR7.3bn (USD7.6bn) to launch a 100-gigawatt-hour (GWh) power battery factory in Hungary, as ...

SK Group Invests USD250m in SMR Developer TerraPower

SK Group will invest USD250m in TerraPower, a US small modular reactor (SMR) startup founded by Bill Gates, as reported by ...

Total Energies Installs Rooftop Solar Panels in KCN Vietnam’s Factories

French oil company Total Energies has signed a memorandum of understanding (MoU) with Vietnam’s industrial property developer KCN Vietnam to ...

China Investigates 18 Coal Enterprises for Price Gouging

China’s State Administration for Market Regulation (SAMR) has identified 18 coal enterprises for suspected coal price gouging and three trading ...

Ports of Singapore and Rotterdam Collaborate on Digitalization and Green Fuel

The Maritime and Port Authority of Singapore (MPA) and the Dutch Port of Rotterdam have signed a memorandum of understanding ...

South Korea to Amend Law to Allow EV Battery Subscription Services

The South Korean government announced that it would modify the law to permit battery subscription services for electric vehicles (EVs) ...

AES to Invest USD13bn to Build Wind Farm in Vietnam

US energy company AES intends to invest USD13bn in the construction of a wind farm in Vietnam with a total installed ...

Lotte Chem, Itochu Join Forces in Hydrogen, Ammonia Businesses

South Korea’s major chemical firm Lotte Chemical and Japanese trading house Itochu will team up in businesses including ammonia trading, ...

Liaoning Fangda Seeks RMB20bn Loan to Assist HNA Airline Operations

Liaoning Fangda Group Industrial is looking for a RMB20bn (USD3bn) emergency loan to help with the running of Hainan Airlines ...

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